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stephanie caramba is the owner of the caramba Repairs speciarist. on Jan. 1,, 2o17, rr: liabilities and proprietor's capitar of the business *re, cash ,

stephanie caramba is the owner of the caramba Repairs speciarist. on Jan. 1,, 2o17, rr: liabilities and proprietor's capitar of the business *"re, cash , p2s,ooo;Accoun: Receivable, p4,ooo; suppries, p5,000; Equipment, p60,000; Accounts payabre, p9,0G: calamba, capitar, pg5,0oo. The transactions for the month of January were as fol0ws: tr* ;ft Jan. 1 Balance Cash + P25,000 + Accounts Receivable P4,000 Equipment P60,000 Accounts Pa.yable P9,000 + Calamba Capital P85 + Supplies + + a. Paid p3,000 of the outstanding accounts payable. b. Received p1,0OO on account lfart payment)from customers. c. Purchased p2,500 worth of supplies on account (on credit). d' Returned a defective piece of'equipment that was purchased received last month and a cash refund of p12,000. e. Borrowed p10,000 from a supplier, to repay the loan in 30 days. f. Paid creditor p2,OO0 on account (part payment). g' Purchased equipment for p10,000, giving p2,0oo cash and promising to pay balance the in G0 days. h. Bought supplies, paying p1,G50 cash. i. Received a p2,500 check from customer on account. Requirred: Record the transactions using a financiar transaction worksheet.

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